0 Lynch Rd Evansville, IN 47715
This exceptional 7.17-acre parcel presents a unique investment opportunity in Evansville, Indiana. Strategically located at the intersection of Lynch Road and North Burkhardt Road, this property boasts high visibility and accessibility. The land is zoned for a variety of uses, including residential (R-1) and commercial (C-4), offering considerable flexibility for development. With a sale price of $100,000 per acre, this represents a compelling value proposition. The property's location benefits from significant traffic volume, with Lynch Road seeing 14,350 cars daily near its intersection with Interstate 69. The surrounding area demonstrates strong population density, with 4,475 residents within one mile, 24,429 within three miles, and 82,381 within five miles. The property's APN is 82-06-12-017-177.024-027. This versatile land is available immediately and presents a rare chance to acquire a substantial tract in a thriving area of Evansville, Vanderburgh County, Indiana, 47715. The property is suitable for a range of development projects, capitalizing on its prime location and diverse zoning. This is an ideal opportunity for developers, investors, or businesses seeking a strategic location with high visibility and strong population density. The property's size and zoning flexibility make it suitable for a variety of uses, from residential to commercial development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.